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20121104
Search Results 0 to 23 of about 24 (some duplicates have been removed)
percent. energy falling 1.7%. and technology down 1.5% falling commodity prices weighed on some of their respective stock sectors. oil fell more than two dollars per barrel, settling at its lowest price since june. the u.s. dollar was higher on the back of the employment numbers and a more expensive dollar can put downward pressure on oil. oil giant chevron also hurt the energy sector and the dow. chevron had the biggest percentage loss among dow stocks. chevron did not make as much money has anticipated in the third quarter. earnings per share were well short of estimates. similar to exxon mobil, chevron also saw its production and fuel sales fall, hit by hurricane isaac in august, legal troubles in braziand a refiry fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i
the consumer discretionary sector still like technology which has been hit here lately. tollers which is certainly hit here i think people are discounting maybe even more of a slowdown in china. and perhaps even more of a slowdown if that's possible in europe. so i think our analysis says you know, we-- chinese economic activity, possibly bottomed out here in the 7, 8% range. fanned we get a little bit of a surprise to the upside there or if europe is less bad or maybe even flattens out at some point in 2013, i think a sector like materials would do well, so we want to be not overweight the defensives. we want to play continued economic recovery. >> tom: looking for growth there, rob, how about it, is it on your buy list as well? >> you know, i'm not so sure i like overweighting technology at this point. it has come a long way. and i think it might take a little bit of a breather. consumer discretionaries i think should hold up prty well. materials, i like it i would actually for the first time in many years put a toe in the water in financial. i think you might see a little overperfo
. >> tom: much more positive, much more constructionive. technology which had been a laggard, nasdaq, certainly knows this where you are at tonight t was one of the leaders today with the broad-based rally. let's get everybody updated with our market focus today. a new month, and new buying today with a broad-based stock gains. buyers got out early, with the s&p 50jumping from the opening bell on the back of optimism ahead of tomorrow's employment report. the gains held through the session with the index finishing up by 1%. trading volume today was 793 million shares on the big board; just under 1.9 billion on the nasdaq. the materials sector led the way higher, up 2%. the technology and industrials sectors came next, gaining 1.8% each today. u.s. steel was the top materials stock, building its rally thanks to suriserofit in its latest quarter. shares jumped 5.7%, even though the company forecasts break-even results in the current quarter. it's expecting to see lower prices and lower shipments for some types of steel. two other material companies-- gold miners barrick gold and newmon
technology patents. "star wars: episode 7" is expected to be released in 2015. >> tom: while the u.s. presidential race was already too close to call, now the candidates and election supervisors in the northeast have the aftermath of hurricane sandy to deal with. darren gersh looks at the potential impact on a key swing states. >> reporter: fears that super-storm sandy would disrupt voting and the presidential election are receding as the storm heads north and away from the united states. the storm hit new jersey hard, but the state makes it easy to vote early by mail, and that makes it unlikely the storm will keep many from sending in their ballots. new york does not offer early voting, giving officials there time to recover by election day. in the key swing state of virginia, election offices in 55 counties were up and running today. just nine remain closed and those are expected to reopen soon. the vginia secretary of state has asked local elecon officials to extend absentee voting hours through saturday. sandy has not disrupted early voting in ohio, a state expected to prove de
Search Results 0 to 23 of about 24 (some duplicates have been removed)

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